Analysis of the Heterogeneity of Apartments and Its Impact on Rental Prices in Prague Using Web Scraping and Hedonic Regression Model

The study analyzes the heterogeneity of the housing stock and its impact on rent levels in Prague. Using web scraping and hedonic log-log regression on data from the SReality portal (20 184 apartments offered), it quantifies the impact of layout, size, and amenities (elevator, terrace, garage, facilities, new construction) on the price per square meter and examines the spatial and temporal variability of these factors. It compares classic indices (Laspeyres, Paasche, Fisher) with their hedonic variants to assess whether changes in the structure of supply distort aggregate statistics. The results show significant spatial heterogeneity of parameters, but only slight differences between traditional and hedonic indices in short-term monitoring.

Publication Details

Journal
Statistika Statistics and Economy Journal
Published
2025-12-09
DOI
https://doi.org/10.54694/stat.2025.45
Primary Topic
Housing Market and Economics
Type
article
Field-Weighted Citation Impact
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article

Analysis of the Heterogeneity of Apartments and Its Impact on Rental Prices in Prague Using Web Scraping and Hedonic Regression Model

Statistika Statistics and Economy Journal
Housing Market and Economics
article

Analysis of the Heterogeneity of Apartments and Its Impact on Rental Prices in Prague Using Web Scraping and Hedonic Regression Model

article en

Abstract

The study analyzes the heterogeneity of the housing stock and its impact on rent levels in Prague. Using web scraping and hedonic log-log regression on data from the SReality portal (20 184 apartments offered), it quantifies the impact of layout, size, and amenities (elevator, terrace, garage, facilities, new construction) on the price per square meter and examines the spatial and temporal variability of these factors. It compares classic indices (Laspeyres, Paasche, Fisher) with their hedonic variants to assess whether changes in the structure of supply distort aggregate statistics. The results show significant spatial heterogeneity of parameters, but only slight differences between traditional and hedonic indices in short-term monitoring.

Statistika Statistics and Economy JournalVol. 105(4)
Sustainable cities and communities
Openalex Percentile: Top 26%
Housing Market and Economics
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